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501 Main St

Bourbon, IN 46504

4 bd 2 ba 2,370 sqft Built 1900 Lot 11,761 sqft single_family
Most recent sale
$215,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $215,000 MLS #11082144
Jun 4, 2022 Listed $215,000 MLS #11082144
Mar 30, 2015 Sold $176,020 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $169,600 $22,100 $191,700 $1,857
2024 $169,600 $22,100 $191,700 $1,917
2023 $121,800 $20,500 $142,300 $1,758
2022 $103,800 $16,400 $120,200 $1,423
2021 $94,500 $15,300 $109,800 $1,202
2020 $94,500 $15,300 $109,800 $1,098
2019 $92,000 $13,100 $105,100 $1,051
2018 $88,500 $12,500 $101,000 $1,010
2017 $85,200 $12,100 $97,300 $973
2016 $81,700 $12,100 $93,800 $907
2015 $76,600 $11,700 $88,300 $283
2014 $77,700 $11,700 $89,400 $278
2013 $77,900 $11,600 $89,500 $393
2012 $80,200 $11,900 $92,100 $458
2011 $84,200 $8,900 $93,100 $514
2010 $87,900 $9,300 $97,200 $493
2009 $89,300 $9,500 $98,800 $469
2008 $88,500 $9,400 $97,900 $488

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,370 sqft
Lot size
11,761 sqft
ZIP code
46504
City
Bourbon
Street
Main St
Coordinates
41.29919, -86.11663

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,290
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Main St last sell?
501 Main St most recently sold on Aug 1, 2022 for $215,000.
What is the current tax assessment for 501 Main St?
The most recent total assessment for 501 Main St (year 2025) is $191,700 with $1,857 in property tax.
How does 501 Main St's assessment compare to its last sale price?
The current assessment is 10.8% below the last sale price of $215,000.
When was 501 Main St built?
501 Main St was built in 1900.
How does 501 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 501 Main St?
501 Main St is a 4 bed, 2 bath, 2,370 sqft, 11,761 sqft lot single_family.
Is 501 Main St a flip candidate?
No — 501 Main St does not appear in our flips dataset.
Is 501 Main St a tax-appeal candidate?
No — 501 Main St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.2%
2026 Q1
$210K
2026 Q2
$210K
ZIP 46504 — Median Price History + Forecast

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